STOCK-BASED COMPENSATION (TABLES)

12 Months Ended

Jun. 30, 2012

Notes to Financial Statements [Abstract]

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

Assumptions utilized in the model, which are evaluated and revised, as necessary, to reflect market conditions and experience, were as follows:



Years ended June 30	2012		2011		2010
Interest rate	0.2-2.1%		0.3-3.7%		0.3-4.0%
Weighted average interest rate	1.9	%	3.4	%	3.7	%
Dividend yield	2.6	%	2.4	%	2.2	%
Expected volatility	12-18%		14-18%		15-20%
Weighted average volatility	15	%	16	%	18	%
Expected life in years	8.5		8.8		8.8

Schedule of Share Based Compensation, Stock Options, Activity Table

A summary of options outstanding under the plans as of June 30, 2012, and activity during the year then ended is presented below:



Options in thousands	Options		Weighted Avg. Exercise Price		Weighted Avg. Remaining Contract-ual Life in Years	Aggregate Intrinsic Value (in millions)
Outstanding, beginning of year	363,174		$	51.75
Granted	30,225		67.05
Exercised	(38,967	)	44.53
Canceled	(1,339	)	59.12
OUTSTANDING, END OF YEAR	353,093		53.83		5.0	$	3,125
EXERCISABLE	268,131		50.52		3.8	3,109

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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